Crypto News

Breaking: Thailand Bans Payments Through Crypto
Thailand’s Securities and Exchange Commission (SEC) on Wednesday issued orders banning the use of digital assets in payments for goods and services. The ban will be effective from April 1.

How NFTs create a 'beautiful cycle' between artists and fans
The nonfungible token art industry has developed into a “beautiful cycle” thanks to the connection artists have with their fans according to artist Danielle Weber who spoke at the Australia Blockchain Week conference.

Paris Saint-Germain Soccer Club Files Trademark Application to Get Into the Metaverse and NFTs
The PSG (Paris Saint-Germain) FC, a soccer club in Europe, has taken its first steps to building an online presence in the metaverse. The club has filed a series of trademark applications to register its name in order to offer a number of services, including software, memorabilia, and articles linked to non-fungible tokens (NFTs) for authentication purposes.

Crypto investor Katie Haun raises $1.5 billion for Web3 venture fund
Katie Haun, crypto investor and board member for Coinbase and OpenSea announced that she had raised $1.5 billion for her new fund, Haun Ventures.

Crypto.com Becomes the Official Sponsor for FIFA World Cup 2022 in Qatar
Crypto exchange Crypto.com continues to expand its sponsorship deals in the sports industry. The popular crypto exchange has recently joined the list of sponsors for the 2022 FIFA World Cup to be held in Qatar later this year.

Twitter Launches Verified NFT Profile Pictures
Twitter launched a new non-fungible token (NFT) feature for its Twitter Blue users – a paid subscription service that gives its users access to premium services. This includes editing published tweets, posting longer videos, reading news without advertisements and more. Twitter Blue will allow people to showcase the NFTs they own by setting them as their profile pictures.

DBS CEO Sees Crypto as an Alternative to Gold — Says Central Banks Globally Should Regulate Cryptocurrencies
The CEO of Southeast Asia’s largest bank, DBS, says cryptocurrency “can be an alternative to gold.” He added that regulating crypto “out of the formal banking system is an unwise thing to do.”

Chip giant Qualcomm launches $100M Metaverse fund
Multinational software and microchip giant Qualcomm Incorporated has launched a $100 million Metaverse fund to back extended reality (XR), artificial intelligence (AI), and augmented reality (AR) tech companies.